National Securities Depository Ltd. IPO
Issue Price
₹800
GMP
—
Lot Size
18
Face Value
₹2
Issue Size
50,145,001 shares (aggregating up to ₹4,011 Cr)
Subscription
—
IPO Timeline
Open Date30-Jul-25
Close Date1-Aug-25
Allotment4-Aug-25
Refund Initiation5-Aug-25
Demat Credit5-Aug-25
UPI Mandate Deadline1-Aug-25
Listing Date6-Aug-25
Lock-in (30%)2-Sep-25
Lock-in (50%)1-Nov-25
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 25,029,999 (50%) | — | ₹200,240 Cr |
| NII (HNI) | — | 7,509,001 (15%) | — | ₹60,072 Cr |
| Retail | — | 17,521,001 (35%) | — | ₹140,168 Cr |
| Employee | — | 85,000 (0%) | — | ₹68 Cr |
| Σ Total | — | 50,145,001 (100%) | — | ₹4,011,600 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Issue Price / Price Band₹800
Face Value₹2
Lot Size18 shares
Issue Size50,145,001 shares (aggregating up to ₹4,011 Cr)
Issue TypeBookbuilding IPO
Listing ExchangeNSE & BSE
Sale TypeOffer For Sale
Script Code—
Net Offer to Public—
Amount InCrore
Stock Price History · BSE
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L—
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Yahoo Finance · Live
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 18 | ₹14,400 |
| Retail (Max) | 13 | 234 | ₹187,200 |
| S-HNI (Min) | 14 | 252 | ₹201,600 |
| B-HNI (Min) | 67 | 1,206 | ₹964,800 |
Retail1 lot(s)18 shares₹14,400
S-HNI14 lot(s)252 shares₹201,600
B-HNI70 lot(s)1,260 shares₹1,008,000
Financial Statements Amount in Crore
| Metric | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue | 1,535 | 1,366 | 1,100 |
| EBITDA | 493 | 381 | 329 |
| Profit After Tax | 343 | 275 | 235 |
| Net Worth | 2,005 | 1,684 | 1,429 |
| Total Assets | 2,985 | 2,258 | 2,093 |
| Reserves & Surplus | 232 | 216 | 199 |
Valuation & Key Ratios
ROE17%
ROCE23%
RONW17%
PAT Margin22%
EBITDA Margin24%
Debt/Equity—
P/BV8
Pre EPS₹17
Post EPS—
Pre P/E47
Post P/E—
Grey Market Premium (GMP)
—
Current GMP
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Achieve the benefits of listing the Equity Shares on BSE –
Company Overview
Incorporated in 2012, National Securities Depository Limited (NSDL) is SEBI-registered Market Infrastructure Institution (MII).
Core Activities:
- Acts as a securities depository in India.
- Maintains electronic records of allotment and ownership transfer of securities.
- Provides depository services including dematerialization, trade settlement, off-market transfers, pledging of securities, and corporate actions.
- Provides asset servicing for securities held in dematerialized form.
- Offers additional services such as e-voting, consolidated account statements (CAS), and non-disposal undertakings (NDU).
Subsidiaries:
- NSDL Database Management Limited (NDML): Offers services across e-governance, regulatory platforms, KYC, insurance repository, and collaborative industry platforms. Handles SEZ automation and the National Skills Registry.
- NSDL Payments Bank Limited (NPBL): Operates a business-to-business payments bank. Provides digital banking, domestic remittances, savings accounts, AePS, micro-ATMs, prepaid cards, UPI, POS, and third-party product distribution (insurance and mutual funds).
Key Figures (as of March 31, 2025):
- Active demat accounts: 39.45 million
- Registered depository participants: 294
- Registered issuers: 33,758
- Account holders located in over 99% of Indian PIN codes and in 186 countries
Competitive Strengths:
- India’s first and leading depository, operating a wide range of technology-driven businesses.
- Strong focus on technology-led product innovation.
- Robust IT infrastructure, risk management frameworks and cyber-security measures focused on ensuring the safety and integrity of the depository system.
- Stable revenue base with a significant proportion of recurring revenue.
- Large Variety of Asset Classes held in Demat Accounts and Well-diversified Business Verticals.
- Experienced senior management team.
Company Information
Address3rd Floor, Naman Chamber, Plot C-32, G-Block, Bandra Kurla Complex, Bandra East, Mumbai, Maharashtra, 400051
Phone+91 22 2499 4200
Emailcs_nsdl@nsdl.com
Websitehttps://nsdl.co.in/